AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
JBS, the world's largest meatpacker, plans to double production output at its new chicken processing plant in Jeddah, Saudi Arabia, by 2026. The plant quadrupled JBS's production capacity in the country, where it sells beef and chicken products under the Seara brand. JBS has invested $85 million in Saudi Arabia since 2021 and exports meat products to neighboring countries. JBS's strategy aims to increase local food production and support Saudi Arabia's goal to reduce reliance on food imports.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet